Plan Ledger DOL Form 5500 · updated monthly

Aktion Associates, Inc.401(k)

AKTION ASSOCIATES, INC. RETIREMENT SAVINGS PLAN · MAUMEE, OH · plan year 2024

Reported admin expense ratio · 2024
0.35%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Aktion Associates, Inc. reported $106,165 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $5,669 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.33% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 916th-largest of 3,295 plans among Ohio employers on file, and the 3,906th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,528,803
Participants with balances229
Active participants214
Employer contributions$1,213,270
Employee contributions$2,312,841
Employer contribution per active participant$5,669
Average account balance$142,047
Benefits paid to participants$3,045,518
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.5M · 229 accts · $1.2M emplr
2023$27.6M · 224 accts · $1.1M emplr
2022$22.9M · 211 accts · $946K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,165
Total administrative$106,165
The Aktion Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$5,669
Median for plans this size$2,416
2024$5,669 per active participant
2023$5,336 per active participant
2022$4,751 per active participant

Aktion Associates, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$106,165
ROYAL ALLIANCE ASSOCIATES, INC. · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$106,165 · 0.35%
2023$86,980 · 0.34%
2022$77,421 · 0.33%
Same employer
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Laird Connectivity, Inc. OH$33.8M · 0.27%
1WORLDSYNC, Inc. OH$33.4M · 0.14%
Aml Rightsource, LLC OH$33.1M · 1.03%
Claritas, LLC OH$32.3M
Klarna, Inc. OH$32.1M · 0.23%
Alexander & Associates Co. OH$32.1M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341300919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.